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Guidelines
 Published Date: 01 March 2013

Guidelines on Risk Management Practices – Objectives and Scope

Guidelines on the objectives and scope of risk management practices.
 
Applies to: Full Bank (Locally Incorporated) , Full Bank (Branch) , Wholesale Bank (Branch) , Wholesale Bank (Locally Incorporated) , Merchant Bank (Locally Incorporated) , Merchant Bank (Branch) , Direct Insurer (Life) , Direct Insurer (General) , Direct Insurer (Composite) , Reinsurer (Life) , Reinsurer (General) , Reinsurer (Composite) , Captive Insurer , Lloyd's Asia Scheme , Financial Holding Company (Insurance) , Dealing in Capital Market Products , Product Financing , Licensed Fund Management Company , Corporate Finance Advisory , REIT Management , Registered Fund Management Company , Credit Rating Agency , Securities Crowdfunding , Venture Capital Fund Management Company , Exempt Futures Broker , Exempt OTC Derivatives Broker , Providing Custodial Services , Exempt Corporate Finance Adviser Serving Accredited Investors , Exempt Trust Company , Licensed Trust Company , Exempt Person Providing Trust Services
View Document Guidelines on Risk Management Practices – Objectives and Scope (195.9 KB)

These guidelines aim to provide financial institutions (FIs) with guidance on sound risk management practices. They cover credit, market, liquidity, operational, technology and insurance business-related risks, internal controls and the role of the FI’s Board of Directors and senior management.